Is Noboa close to bankruptcy?

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Exportadora Bananera Noboa, (producer of Bonita brand bananas) was the largest banana exporter in Ecuador and, until recently, one of the big five banana companies in the world, alongside Fyffes and the three US based giants, Dole, Chiquita, and Del Monte. However, the company, owned by Alvaro Noboa, now appears to be on the verge of bankruptcy.
The SRI (government revenue body) has confiscated Noboa property worth $100 million in lieu of non-payment of debts from 2005 to the Inland Revenue and to workers as part of a statutory profit-sharing scheme. In May the government confiscated the giant Hacienda Clementina (employing several thousand banana workers).  

Aldi stopped buying Bonita bananas at the end of last year and Edeka (another large German supermarket group) reduced its purchase by more than half, leaving almost no major retail customers in Europe. Just like his banana empire, Alvaro Noboa’s political career looks extremely shaky – he was thoroughly beaten in the presidential elections earlier this year gaining just 3.7% of the votes.